Interest rates are the one factor most homebuyers concern themselves with when shopping for a mortgage. Everyone wants to know what it will cost them to borrow the money to buy a house. If the Read More
Benefits of Using a Mortgage Broker
Do you cringe when you hear the term mortgage broker? You aren’t alone. Many people have bad connotations of mortgage brokers, but they don’t deserve this bad rap. Mortgage brokers are a great way to Read More
What are the Requirements for a Construction Loan?
If you planto build your own home, you will either need a lot of money upfront or a construction loan. Buildingyour own home means the builder isn’t fronting the money to build the home, as they would Read More
How to Remove Collections From a Credit Report Without Paying
If you have debts that remained unpaid for a long time, chances are the creditor sent your account to a collection agency. The amount of time creditors wait until they send your account to collections Read More
Why Do Mortgage Interest Rates Fluctuate?
If there’s one thing most homeowners or would-be homeowners worry about, it’s the interest rate. When you are buying a home, choosing the right interest rate can be one of the most frustrating things Read More
The Pros and Cons of Buying a Pre-construction Condo
Buying a pre-construction condo means you are buying a condo that is not yet built. While there are many benefits to have a say in what goes into your condo and what the finished product looks like, Read More
Should You Use an Escalation Clause in Your Purchase Offer?
When you are in the market for a home, you can feel like you are in a pool of sharks. If there are a great number of buyers all vying for the same home, you might feel as if you just want to make the Read More
What is a 1098 Tax Form?
If you have a mortgage, you’ll receive a 1098 form from your lender. Every lender that you hold a mortgage with is required to send you this form. This the form that your lender uses to let the Read More
How to Avoid PMI Without a 20% Down Payment
You probably assume that if you don’t put 20% down on a home, you are going to pay PMI or Private Mortgage Insurance. While it’s true that if you take out a conventional loan, you will pay PMI with a Read More
5 Things You Should Negotiate When Buying a House
Buying a house is exciting! It’s also overwhelming. Not only do you have to determine how much you will bid on the home, there are many other aspects of the purchase contract that you must negotiate. Read More